| CoinDesk: |
An X post from US SEC Chair Gary Gensler says that the @SECGov's “twitter account was compromised”, and that the agency has not approved spot bitcoin ETFs — The X account of the U.S. Securities and Exchange Commission, which is deciding whether to approve bitcoin ETFs, “was compromised,” the regulator told CoinDesk.| CNBC: |
X confirms the @SECGov account was compromised and says “the compromise was not due to any breach of X's systems” and that the account didn't have 2FA enabled — - X said late Tuesday it has completed a preliminary probe into the compromised account of the U.S. Securities … | Cecilia D'Anastasio / Bloomberg: |
Sources: Twitch could cut ~500 employees, or ~35% of its staff, as soon as January 10, after concerns over company losses and several top executives leaving — Move is designed to stem losses after two rounds of layoffs last year. — Amazon.com Inc.'s livestreaming site Twitch is poised … | Sam Kim / Bloomberg: |
SIA: global chip revenue rose 5.3% YoY to $48B in November 2023, the first YoY growth since August 2022; China sales rose 7.6% YoY and Americas rose 3.5% YoY — - Recovery among chip makers may be uneven as demand returns — Global chip sales rose for the first time in more than a year … | Gene Maddaus / Variety: |
SAG-AFTRA signs a deal with AI voiceover company Replica Studios, requiring consent to create voice replicas for use in video games and safe storage of assets — The union announced the deal with Replica Studios on Tuesday at CES in Las Vegas. Duncan Crabtree-Ireland, the union's executive director … | Alex Heath / The Verge: |
Source: Humane laid off 10 staff, or 4% of its workforce, to cut costs and plans to lower budgets in 2024, as the company reshuffles some executive positions — Humane laid off 4 percent of employees this week in a move that was described as a cost cutting measure to those who were impacted … | Jordan Novet / CNBC: |
HPE plans to acquire networking gear maker Juniper Networks for about $14B, or $40 per share, in an all-cash deal; JNPR jumps 21%+ — Hewlett Packard Enterprise said it's agreed to buy networking gear vendor Juniper Networks for about $14 billion, or $40 per share, in an all-cash deal.| Nelson Aguilar / CNET: |
Google and Samsung merge their respective Nearby Share and Quick Share features under the Quick Share name, for a more unified cross-Android sharing experience — Apple has AirDrop. Android now has Quick Share. — At CES 2024 today, Google announced Quick Share, a collaboration … | Jason Koebler / 404 Media: |
An investigation finds over 1,600 YouTube videos featuring celebrity deepfakes promoting Medicaid and Medicare scams; the videos have over 195M views in total — Joe Rogan, Taylor Swift, Andrew Tate, Steve Harvey, The Rock, and Oprah have been cloned by AI for scam ads that, in total … | Julian Chokkattu / Wired: |
Startup Rabbit debuts the R1, a $199 handheld AI device meant to be a virtual assistant to complete tasks without a smartphone, shipping in late March 2024 — The startup has developed a virtual assistant that learns whatever digital errands you teach it. The interface is extra cute … | Jon Brodkin / Ars Technica: |
The FCC plans to shut down the two-year-old Affordable Connectivity Program, which currently has 23M enrolled households, as the GOP withholds funding — FCC must start winding down low-income program as Congress fails to add money. — The Federal Communications Commission is about to start winding … | Kat Bailey / IGN: |
Valve's Steam plans to add an “AI disclosure section”, asking developers to describe how their games use AI content, and to let gamers report illegal AI content — New survey update will ask developers to disclose how their games use generative AI.| Julie Carr Smyth / Associated Press: |
A US federal judge temporarily halts the enforcement of a pending Ohio law that would require children to get parental consent to use social media apps — A federal judge issued an order Tuesday temporarily halting enforcement of a pending Ohio law that would require children to get parental consent to use social media apps.| Mike Wheatley / SiliconANGLE: |
Intel unveils AI-enabled SoCs for cars and agrees to buy Silicon Mobility, a French fabless silicon and software company that develops EV energy management SoCs — Intel Corp. is making an ambitious play for the automotive sector with the launch of specialist versions of its newest, artificial intelligence-enabled chips.| Maxwell Zeff / Gizmodo: |
Pennsylvania becomes the first US state to use ChatGPT Enterprise in a pilot with OpenAI, in which state employees will use AI tools for daily operations — State employees in Pennsylvania will begin using ChatGPT to assist with their work in the coming weeks.| Adam D'Angelo / Quora: |
Quora raised $75M from Andreessen Horowitz and plans to accelerate the growth of Poe and pay bot creators through its creator monetization program — We are excited to announce that we have raised $75M from Andreessen Horowitz. This funding will be used to accelerate the growth of Poe … | Stephen Nellis / Reuters: |
Aeva, founded by Apple veterans, reaches a $1B deal with Germany's Daimler Truck for self-driving sensors for trucks expected in 2027, but offers few details — Aeva Technologies (AEVA.N) on Tuesday said that it has reached a $1 billion deal with Germany's Daimler Truck (DTGGe.DE) … | Sheila Chiang / CNBC: |
Meituan's market cap fell ~60% from ~$138.2B to ~$56.4B since the start of 2023, weighed down by rising competition and a slowdown in its food delivery business — - Chinese food delivery giant Meituan lost about $82 billion in market cap in 2023 from its yearly high, according to CNBC calculations.| Corrie Driebusch / Wall Street Journal: |
Some startup founders are building up protections, including implementing supervoting shares or dual-class shares, to avoid getting ousted like Sam Altman — They are building up protections and share classes after watching OpenAI saga play out — There's a new task on the 2024 to-do list for founders … | Manish Singh / TechCrunch: |
Apple pulls Binance, Kraken, Mexc, KuCoin, and four other crypto exchanges from the App Store in India, after they were flagged for operating “illegally” — Apps of as many as eight crypto exchanges including Binance, Kraken, Mexc and Kucoin have disappeared from Apple's App Store in India … | Bloomberg: |
Magnitt: startups in Saudi Arabia raised $1.4B in 2023, up 33% YoY, for a 52% share of VC funding in the MENA region, beating the UAE for the first time — - Saudi Arabia dominates tech scene with 52% share of funding — Overall regional funding drops 23% amid shifting landscape| Carly Page / TechCrunch: |
In a first, the US FTC bans data broker Outlogic, formerly X-Mode Social, from selling phone location data and orders the company to delete all collected data — The U.S. Federal Trade Commission has banned the data broker X-Mode Social from sharing or selling users' sensitive location data, the federal regulator said Tuesday.| Manish Singh / TechCrunch: |
SentinelOne acquires Bengaluru-based cloud security provider PingSafe, sources say at a $100M+ valuation; PingSafe had raised ~$3.3M from Peak XV and others — SentinelOne's deal to acquire PingSafe values the Peak XV-backed young startup at over $100 million, two sources familiar … | Financial Times: |
Demis Hassabis, chief of DeepMind spinout Isomorphic Labs, believes the company would halve drug discovery times after inking deals with Eli Lilly and Novartis — Chief of Google's AI unit and Isomorphic Labs spells out targets following $3bn Eli Lilly-Novartis partnerships
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| Siddharth Cavale / Reuters: |
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| Alex Konrad / Forbes: |
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